News and Updates
September 2026 SBA 504 Interest Rates
SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.54%6.30%6.56%20 Year Terms6.53%6.28%6.55%10 Year...
Daily Herald: Big Deals, Big Impact – Rethinking Small Businesses
The U.S. Small Business Administration 504 Loan program isn't just for the little guys -...
SBA 504 Loan Fees Waived for Manufacturers
Effective October 1, 2026, the U.S. Small Business Administration (SBA) will extend fee waivers for...
August 2026 SBA 504 Interest Rates
SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.27%6.03%6.29%20 Year Terms6.27%6.02%6.29%10 Year...
Daily Herald: Pathway to Ownership – Own the Business, Own the Building with the SBA 504
Every day the SomerCor team sees firsthand how building ownership changes the trajectory of a...
SBA Doubles Cumulative 7(a) and 504 Loan Limit to $10 Million
Effective July 4, 2026, the U.S. Small Business Administration (SBA) clarified policy intended to expand...
July 2026 SBA 504 Interest Rates
SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.17%5.93%6.19%20 Year Terms6.20%5.95%6.22%10 Year...
June 2026 SBA 504 Interest Rates
SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.11%5.87%6.13%20 Year Terms6.16%5.91%6.18%10 Year...
SomerCor at the SDA Achieve Summit Featured in the Chicago Tribune
SomerCor served as a title sponsor of the 2026 Southland Development Authority Summit. In partnership...
SomerCor Names Hannah White as Managing Director of Development and Strategic Partnerships, Spearheading Philanthropic Initiatives
CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC), today announced the appointment of Hannah White, Managing...